Wednesday, November 29, 2023

Tag: Revenue

Bureau collects 12 bln birr in first quarter

The Addis Ababa Revenue Bureau collected 12 billion Birr in the first quarter of the current fiscal year. The Bureau also claimed to be pushing for strengthened efforts to notify Grade A taxpayers of their taxes and collect the taxes until the November 9, 2021 deadline.

Bureau targets 20 billion birr in first four months

The Addis Ababa City Administration Revenues Bureau announced it plans to collect 20 billion birr in taxes during the first four months of the new Ethiopian Fiscal Year that started this week on July 8, 2021.

Phony receipts frustrate city Revenues Bureau

Despite bagging 22.4 billion birr in tax revenue during the first half of the 2020/21 fiscal year, the Addis Ababa Revenues Bureau expressed its frustration over rampant counterfeit receipts which have affected its revenues collection.

Ministry adamant inability to collect taxes in Tigray won’t impact annual target

Despite losing two billion Birr in tax revenues in the last three months, the Ministry of Revenues is confident that its inability to collect tax from Tigray will not have an impact on its annual performance.

Ethiopia plans to collect 3.4 Trillion Birr in tax revenues by 2030

Ethiopia’s government plans to increase its annual tax revenues by more than ten folds to 3.4 trillion birr by 2030, Planning and Development Commission announced.

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